09 Oct 2025 | 3 Mins Read
SoftBank shares surge 10% on $5.4 billion ABB robotics deal
Flipitmoney
SoftBank's shares jumped over 10% after announcing a $5.4 billion deal to buy ABB's robotics division, advancing SoftBank's AI footprint. The deal is subject to regulatory approval. SoftBank's founder, Masayoshi Son, plans to unite world-class technology and talent under the shared vision of Artificial Super Intelligence and robotics.